Civic Intelligence

Friends Rehabilitation Program Inc.

990 • Fiscal year 2023 • EIN 23-6398764

Jun 01, 2022 to May 31, 2023 • Filed on Apr 10, 2024

704-706 W Girard AvenuePhiladelphia, PA 19123

(215) 825-8800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.39x

Higher debt load relative to assets than 73% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.41x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

74th percentile

$194,334

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

70th percentile

14%

Faster asset growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

20th percentile

-15%

Faster revenue growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,554,371

Up $803,560 (+14%) from 2022

Net Assets

Down

$4,006,000

Down $718,781 (-15%) from 2022

Liabilities

Up

$2,548,371

Up $1,522,341 (+148%) from 2022

Revenue

Down

$6,289,212

Down $1,144,517 (-15%) from 2022

Expenses

Up

$7,007,993

Up $44,993 (+0.6%) from 2022

Net Income

Down

-$718,781

Down $1,189,510 (-253%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $18,604,607Liabilities 2010: $13,156,360Net Assets 2010: $5,448,2472010Assets 2011: $28,644,401Liabilities 2011: $22,948,888Net Assets 2011: $5,695,5132011Assets 2012: $19,792,085Liabilities 2012: $14,439,763Net Assets 2012: $5,352,3222012Assets 2013: $14,719,566Liabilities 2013: $7,895,244Net Assets 2013: $6,824,3222013Assets 2014: $14,132,268Liabilities 2014: $7,157,128Net Assets 2014: $6,975,1402014Assets 2015: $13,625,569Liabilities 2015: $7,310,799Net Assets 2015: $6,314,7702015Assets 2016: $11,939,077Liabilities 2016: $7,021,620Net Assets 2016: $4,917,4572016Assets 2017: $11,562,985Liabilities 2017: $7,542,366Net Assets 2017: $4,020,6192017Assets 2018: $12,506,952Liabilities 2018: $1,670,480Net Assets 2018: $10,836,4722018Assets 2019: $6,729,809Liabilities 2019: $1,001,088Net Assets 2019: $5,728,7212019Assets 2020: $7,034,774Liabilities 2020: $2,562,796Net Assets 2020: $4,471,9782020Assets 2021: $7,011,613Liabilities 2021: $2,757,435Net Assets 2021: $4,254,1782021Assets 2022: $5,750,811Liabilities 2022: $1,026,030Net Assets 2022: $4,724,7812022Assets 2023: $6,554,371Liabilities 2023: $2,548,371Net Assets 2023: $4,006,0002023Assets 2024: $5,590,431Liabilities 2024: $1,587,201Net Assets 2024: $4,003,2302024

Highlighted filing

2023

Assets$6,554,371
Liabilities$2,548,371
Net Assets$4,006,000

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2010: $3,657,8692010Expenses 2011: $4,955,5452011Expenses 2012: $6,923,6912012Expenses 2013: $7,103,0692013Revenue 2014: $4,664,795Expenses 2014: $4,464,670Net Income 2014: $200,1252014Revenue 2015: $3,991,782Expenses 2015: $4,652,441Net Income 2015: -$660,6592015Revenue 2016: $3,911,810Expenses 2016: $5,309,109Net Income 2016: -$1,397,2992016Revenue 2017: $4,414,732Expenses 2017: $5,117,162Net Income 2017: -$702,4302017Revenue 2018: $12,870,205Expenses 2018: $5,867,602Net Income 2018: $7,002,6032018Revenue 2019: $407,186Expenses 2019: $5,825,426Net Income 2019: -$5,418,2402019Revenue 2020: $5,330,432Expenses 2020: $6,308,603Net Income 2020: -$978,1712020Revenue 2021: $6,788,906Expenses 2021: $6,817,942Net Income 2021: -$29,0362021Revenue 2022: $7,433,729Expenses 2022: $6,963,000Net Income 2022: $470,7292022Revenue 2023: $6,289,212Expenses 2023: $7,007,993Net Income 2023: -$718,7812023Revenue 2024: $6,650,649Expenses 2024: $6,694,210Net Income 2024: -$43,5612024

Highlighted filing

2023

Revenue$6,289,212
Expenses$7,007,993
Net Income-$718,781
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Apr 10, 2024
Return Version
2022v5.0
Gross Receipts
$6,330,425
Mission and Program Overview

Mission

Friends rehabilitation program, inc. Is a quaker-related nonprofit organization whose mission is to provide housing and social services for low and moderate income households. In addition, the corporation is a developer and manager of various affordable housing projects.

A quaker-related nonprofit organization whose mission is to provide housing and social services for low and moderate income households. In addition, the corporation is a developer and manager of various affordable housing projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,059,542$924,140▼ $135,402
Land, Buildings, and Equipment, Net$851,606$881,510▲ $29,904
Cash and Non-Interest-Bearing Accounts$555,363$638,200▲ $82,837
Investments Other Securities$89,667$89,667→ $0
Prepaid Expenses and Deferred Charges$33,870$41,984▲ $8,114
Savings and Temporary Cash Investments$1,500$1,493▼ $7
Total Assets$5,750,811$6,554,371▲ $803,560
Other Assets Total$3,159,263$3,977,377▲ $818,114
Liabilities
Other Liabilities$670,696$2,063,216▲ $1,392,520
Accounts Payable and Accrued Expenses$355,334$485,155▲ $129,821
Total Liabilities$1,026,030$2,548,371▲ $1,522,341
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,724,781$4,006,000▼ $718,781
Total Net Assets Fund Balance$4,724,781$4,006,000▼ $718,781
Total Liabilities and Net Assets / Fund Balance$5,750,811$6,554,371▲ $803,560

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$590,228$400,938$991,166
Other Land Buildings$246,272-$246,272
Land$45,010-$45,010
Other Assets Org$172,754--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jena NottinghamDirector of Social ServicesFT$174,526$19,808$194,334
Andrew AndersonExecutive DirectorFT$188,000$5,790$193,790
Terrine AnthonyAsst Director of Social ServicesFT$132,016$12,800$144,816
Susanne DavisAsst Treasurer/hr DirectorFT$112,000$9,458$121,458

Board Members and Trustees

NameTitle
Hollister KnowltonPresident
Bryan ShumwayDirector
Lou DecesareDirector
Linell MccurryVP/sec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$6,051,514
Program Service Revenue
$117,742
Investment Income
$10,128
Other Revenue
$109,828
Change in Net Assets
$-718,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,379,597
Salaries, Compensation, and Employee Benefits$2,450,419
Other Expenses$1,177,977
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,379,597--$3,379,597
Other Salaries and Wages$1,628,020$27,752-$1,655,772
Current Officers, Directors, Trustees, and Key Employees$151,075$195,559-$346,634
Pension Plan Contributions$127,190$73,710-$200,900
Fees for Services Other$188,825$4,683-$193,508
Occupancy$170,634--$170,634
Payroll Taxes$102,897$62,802-$165,699
Office Expenses$78,495$24,771-$103,266
Other Employee Benefits$61,506$19,908-$81,414
Other Expenses$25,729$74,320-$74,320
Interest-$61,301-$61,301
Insurance$3,316$56,309-$59,625
All Other Expenses$8,520$50,306-$58,826
Fees for Services Accounting$52,600--$52,600
Depreciation Depletion-$25,538-$25,538
Fees for Services Legal$14,491--$14,491
Conferences and Meetings$5,921$6,326-$12,247
Total Functional Expenses$6,189,455$818,538$0$7,007,993
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposit Held for Sale$1,000,000
Line of Credit$859,607
Lease Liability$170,284
Tenant Security Deposits$33,325
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of this form 990 was provided to the company's board of directors (the governing body) who reviewed and approved the form prior to its filing with the internal revenue service

Form 990, Part VI, Section B, Line 12C

Each director must execute a statement at the annual meeting each year setting forth any possible conflicts, or stating that no such confilcts exist. In addition, any employee having a suspected conflict must present it to the board of directors prior to action for approval.

Form 990, Part VI, Section C, Line 19

Copies of the company's governing documents, conflict of interest policy, financial statements and this form 990 are available at the company's offices at 704-06 west girard avenue; philadelphia pa 19123. Copies will be made upon request.

Filing and Contact Details

Filer

Filer Name
Friends Rehabilitation Program Inc
EIN
23-6398764
Phone
2158258800
Address
704-706 W GIRARD AVENUE, PHILADELPHIA, PA 19123

Signing Officer

Name
Andrew Anderson
Title
Executive Director
Phone
2158258800
Signed
2024-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Anderson
Formed
1961
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
4
Employees
40
Volunteers
4

Preparer

Firm
Eisner Advisory Group LLC
Address
130 NORTH 18TH STREET SUITE 3000, PHILADELPHIA, PA 19103-2757
Preparer
Helen M Martin
Phone
2158818800
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income taxes under the provisions of internal revenue code section 501(c)(3), and is exempt from state income taxes under the provisions of the pennsylvania nonprofit corporation law. The corporation files income tax returns in the u.s. Federal jurisdiction. The corporation is no longer subject to u.s. Federal income tax examinations by tax authorities for years before 2019. U.s. Gaap requires management to evaluate tax positions taken and recognize a tax liability, if the corporation has taken an uncertain tax position that more likely than not would not be sustained upon examination by a government authority. Management has analyzed the tax positions taken by the corporation and has concluded that as of may 31, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements. The corporation recognizes accrued interest and penalties associated with uncertain tax positions, if any. There were no income tax related interest and penalties recorded for either of the years ended may 31, 2023 or 2022.

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IRS990/OtherAssetsTotalGrp/BOYAmt03159263
IRS990/OtherAssetsTotalGrp/EOYAmt03977377
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019908
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt061506
IRS990/OtherEmployeeBenefitsGrp/TotalAmt081414
IRS990/OtherExpensesGrp/Desc0SOCIAL SERVICES
IRS990/OtherExpensesGrp/Desc1MISC EXPENSES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt076610
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt158643
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt274320
IRS990/OtherExpensesGrp/ProgramServicesAmt0156275
IRS990/OtherExpensesGrp/ProgramServicesAmt134364
IRS990/OtherExpensesGrp/ProgramServicesAmt225729
IRS990/OtherExpensesGrp/TotalAmt0156275
IRS990/OtherExpensesGrp/TotalAmt1110974
IRS990/OtherExpensesGrp/TotalAmt284372
IRS990/OtherExpensesGrp/TotalAmt374320
IRS990/OtherLiabilitiesGrp/BOYAmt0670696
IRS990/OtherLiabilitiesGrp/EOYAmt02063216
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0109828
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0109828
IRS990/OtherRevenueTotalAmt0109828
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027752
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01628020
IRS990/OtherSalariesAndWagesGrp/TotalAmt01655772
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt062802
IRS990/PayrollTaxesGrp/ProgramServicesAmt0102897
IRS990/PayrollTaxesGrp/TotalAmt0165699
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt073710
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0127190
IRS990/PensionPlanContributionsGrp/TotalAmt0200900
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt033870
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041984
IRS990/PrincipalOfficerNm0ANDREW ANDERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt066982
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt066982
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150760
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CORPORATION IS A DEVELOPER AND MANAGER OF VARIOUS AFFORDABLE HOUSING PROJECTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0618821
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0117742
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06530389
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03495266
IRS990/PYInvestmentIncomeAmt0464406
IRS990/PYOtherExpensesAmt01131622
IRS990/PYOtherRevenueAmt0307406
IRS990/PYProgramServiceRevenueAmt0131528
IRS990/PYRevenuesLessExpensesAmt0470729
IRS990/PYSalariesCompEmpBnftPaidAmt02336112
IRS990/PYTotalExpensesAmt06963000
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07433729
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-718781
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0109828
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01500
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01493
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06051514
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06530389
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04539968
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04373311
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt03960993
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt025456175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0154
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0192
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt073338
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt074003
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0117742
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0131528
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0474814
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0691698
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0349043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01764825
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0154
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0192
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt073338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt074003
IRS990ScheduleA/InvestmentIncomeCYPct00.00260
IRS990ScheduleA/InvestmentIncomePYPct00.01120
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0109828
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0307406
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0616102
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0306419
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0161419
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01501174
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94530
IRS990ScheduleA/PublicSupportPY509Pct00.69900
IRS990ScheduleA/PublicSupportTotal509Amt027221000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06169256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06661917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05014782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05065009
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04310036
IRS990ScheduleA/Total509Grp/TotalAmt027221000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06279238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06969612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05630914
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05371620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04544793
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt028796177
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0590228
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0400938
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0991166
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt045010
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt045010
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03431146
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1278215
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt280262
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt315000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4172754
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONTRACTS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDENTIAL INVENTORY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4ROU ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0246272
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0246272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033325
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1859607
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2170284
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEPOSIT HELD FOR SALE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS EXEMPT FROM STATE INCOME TAXES UNDER THE PROVISIONS OF THE PENNSYLVANIA NONPROFIT CORPORATION LAW. THE CORPORATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE CORPORATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF MAY 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED MAY 31, 2023 OR 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0881510
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03977377
IRS990ScheduleD/TotalLiabilityAmt02063216
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt03379597
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0RENTAL ASSISTANCE AND SUBSIDIES AND SECURITY DEPOSIT PAYMENTS
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RENTAL AND SECURITY DEPOSIT PAYMENTS ARE PAID DIRECTLY TO LANDLORDS ON BEHALF OF TENANTS OR PROSPECTIVE TENANTS. NO ADDITIONAL MONITORING IS REQUIRED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.59$1.59$4.00$6.65$6.69$0.04
2023Detailed filing. Detailed filing data is available for this year.$6.55$2.55$4.01$6.29$7.01$0.72
2022Detailed filing. Detailed filing data is available for this year.$5.75$1.03$4.72$7.43$6.96$0.47
2021Detailed filing. Detailed filing data is available for this year.$7.01$2.76$4.25$6.79$6.82$0.03
2020Detailed filing. Detailed filing data is available for this year.$7.03$2.56$4.47$5.33$6.31$0.98
2019Detailed filing. Detailed filing data is available for this year.$6.73$1.00$5.73$0.41$5.83$5.42
2018Detailed filing. Detailed filing data is available for this year.$12.5$1.67$10.8$12.9$5.87$7.00
2017Detailed filing. Detailed filing data is available for this year.$11.6$7.54$4.02$4.41$5.12$0.70
2016Detailed filing. Detailed filing data is available for this year.$11.9$7.02$4.92$3.91$5.31$1.40
2015Detailed filing. Detailed filing data is available for this year.$13.6$7.31$6.31$3.99$4.65$0.66
2014Detailed filing. Detailed filing data is available for this year.$14.1$7.16$6.98$4.66$4.46$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$7.90$6.82$7.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$14.4$5.35$6.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$22.9$5.70$4.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$13.2$5.45$3.66